Silicon Valley has a lot to fear, according to Y2K gloom-and-doomers. A run of lawsuits against Silicon Valley companies is expected to start even before the new year.

Notwithstanding the Y2K Act designed to curb suits, anything that fails, falters or fades with the calendar change could become complaint fodder. Supporters hope the Y2K Act will effectively cap damage awards, encourage mediation, and apportion the blame among interested parties. However, with the exact fallout from the Y2K bug still undetermined, experts find it hard to pinpoint how the act will be applied.

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